Child Education Plan | Child Loan | Best Child Education Policy

1. CHILD PLAN - A BETTER ROUTE WAY FOR CHILD'S FUTURE CHILD PLAN: Child plans help in financial planning for child's future needs at the right age. As a parent you can secure your child’s future with plans that encompass children insurance plans and children education plans. Where child plan is an investment cum insurance that serves two purposes financially to secure child future needs and turning needs at the time of education/marriage. Here is how it works: • Ensure your child’s dreams come true. • Some child plans have in-built different riders, such as accidental death benefit, waiver of premium, accidental total and permanent disability benefit rider, etc. • Serves as a double purpose of not only being an insurance product, but also an investment tool that provides financial security at crucial stages of a child’s life. • • On the other hand, the investment component helps in building a substantial amount so that funds are made available to the child at regular intervals to be used for his multiple needs including education, marriage etc. • This is a guaranteed financial stability, whuch helps the parents to concentrate on other aspects of their child’s development.

2. CASE If policyholder passes away during the policy tenure CHILD PLAN PAYOUTS The insurance company pays the death benefit. However, the policy continues as the insurance company pays the remaining premiums The insurance company pays the maturity benefit. If the policyholder outlives the policy tenure BENEFITS OF CHILD PLAN: • Maturity Benefit to meet College Expenses. • Facility to avoid Capital Erosion • Options to Choose Riders • Partial Withdrawals to Enhance your Child's Talent • Support for your child's school fees • offers the benefit of customized pay-outs • The welfare of your child is the top-most priority • You can choose riders to secure your child plan. Factors to be considered while investing in best child plans: • Time period for building a good corpus fund. • An estimation of the amount(premium) that is required to build a corpus. • The age in which fund will be required • Investment avenues to be considered.